US Casino Business Has Seen Higher Days
Indian casinos have taken a giant hit as a consequence of recession. There are simply fewer high-roller gamblers out today. And now the newest enormous lawsuit in Harrah’s Casino in Las Vegas, the place supposedly the casino was giving large quantities of alcohol and even prescription painkiller medication to one in every of their high-rollers, with three luxurious suites, over a three-month interval, acknowledged the lawsuit criticism.
The truth is, this one visitor supposedly spent one thing like $117 million over these three months in playing losses. Seems the $117 million represented 6% of Harrah’s Las Vegas casinos revenue for that quarter. Now that is scary, that’s if the lawsuit is real, and the claims are actuality primarily based.
The declare acknowledged that Harrah’s Casino knew he had a playing downside, was virtually out of cash, and so they saved him intoxicated and playing till he ran out of cash, which is definitely in opposition to the regulation as per Nevada gaming fee guidelines. Whether or not or not that is true, it’s everywhere in the monetary media. And that is the very last thing Las Vegas wants proper now, or any of the publicly traded casino shares. Certainly, I hope you’ll please think about this.